Settings8H · net · $10k
Funding arb · Price arb /

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0083%/8h= +9.1% APRpaid last 24h +0.053%
Price spread now: Bybit against ApeX Omni+0.166%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$680.679% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.066%−$7 on $10k
Price spread, last 4 days (all we have)−0.098%−$10 · spread now +0.166%, 7d avg +0.061%
Together, before fees−0.164%−$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bybit is 0.104% dearer against ApeX Omni than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.061%. Mind the row above: over the last 7 days funding on this pair cost −0.066%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni AMZNUSDT259.630.0100pay 0.0013% / 1h43m 14s$93K$129K50x
ShortBybit AMZNUSDT260.060.0183get 0.0183% / 8h3h 43m$3.7M$3.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against ApeX Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$17.47
Price spread: +0.166% → +0.061%
$10.42
Slippage, 4 orders
−$46.91
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$40.02
Costs to cover
0.679%
Break-even
23.0 days
Slippage from ApeX Omni: live order book, 7 min ago; Bybit: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 7 min ago2.51 bp20.7 bp −$21446.5 bp −$4,465doesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago1.92 bp15.5 bp −$1528.6 bp −$286doesn't fitdoesn't fit

AMZN on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster AMZNUSDT0.0000%8h259.71+0.031%$203K$211K20xas long as short
Gate AMZN_USDT0.0000%8h259.72+0.035%$763K$2.7M100xas long as short
Bitget AMZNUSDT0.0000%8h259.93+0.116%$4.9M$4.0M100xas long as short
GRVT AMZN_USDT_Perp0.0000%8h259.86+0.088%$14K$1.8M10xas long as short
Hotstuff AMZN-PERP+0.0016%1h259.77+0.054%$33K20xas long as short
OKX AMZN-USDT-SWAP+0.0023%8h259.89+0.100%$2.9M$4.7M20xas long as short
Lighter RH AMZN+0.0032%1h259.92+0.112%$720K$1.5M10xas long as short
QFEX AMZN-USD+0.0040%1h259.86+0.089%$1.4M$3.8M10xas long as short
Coinbase International AMZN-PERP-INTX+0.0040%1h259.630.000%$917K$2.4M10xas long as short
Arcus AMZN-USD+0.0040%1h259.71+0.031%$197K$240K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest AMZN-USD-PERP+0.0046%1h259.71+0.031%$104K25xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.74+0.042%$323K$277K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.86+0.089%$665$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.65+0.008%$1.3M$1.2M10xas long as short
Deribit AMZN_USDC-PERPETUAL+0.0058%1h259.75+0.046%$28K$175K10xas long as short
Variational Omni AMZN+0.0088%8h259.87+0.092%$1.8M$1.1Mas long as short
KuCoin AMZNUSDTM+0.0100%8h259.65+0.008%$1.5M$504K20xas long as short
ApeX Omni AMZNUSDTlong+0.0100%1h259.63long leg$93K$129K50x
Orderly PERP_AMZN_USDC_mythos+0.0100%8h259.87+0.092%$1K$32010xas long as short
Aevo AMZN-PERP+0.0104%1h259.83+0.075%$14K$51010xas long as short
Binance AMZNUSDT+0.0111%8h259.93+0.116%$16.1M$29.7M20xas long as short
Extended AMZN_24_5-USD+0.0112%1h259.86+0.088%$498K$2.7M10xas long as short
tradeXYZ xyz:AMZN+0.0125%1h259.82+0.073%$29.8M$11.2M20xas long as short
Nado AMZN-PERP+0.0131%1h259.72+0.035%$414K$112K20xas long as short
Bybit AMZNUSDTshort+0.0183%8h260.06+0.166%$3.7M$3.2M100x
Lighter AMZN+0.0200%1h259.90+0.105%$804K$1.0M20xas long as short
Injective AMZN/USDC PERP+0.0220%1h259.11−0.200%$75K$27K30xas long as short
BloFin AMZN-USDT+0.0231%8h259.79+0.062%$178K$204K20xas long as short
Phoenix AMZN+0.0277%1h259.80+0.065%$5K$78K20xas long as short
edgeX AMZNUSDC+0.0749%4h259.73+0.037%$28K$249K10xas long as short